Guidewire Software Inc Q1 2022 Earnings Call Summary - Thomson StreetEvents

Guidewire Software Inc Q1 2022 Earnings Call Summary

Guidewire Software Inc Q1 2022 Earnings Call Summary - Thomson StreetEvents
Guidewire Software Inc Q1 2022 Earnings Call Summary
Published Dec 02, 2021
18 pages (10771 words) — Published Dec 02, 2021
Price US$ 54.00  |  Buy this Report Now

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Abstract:

Edited Brief of GWRE.N earnings conference call or presentation 2-Dec-21 10:00pm GMT

  
Brief Excerpt:

...A. Highlights: On the heels of a strong finish to FY21, Co. had a record 1Q sales activity and continued to build momentum for Guidewire Cloud. 1. 2. Cloud bookings were over 90% of deal activity for the first time ever and helped drive 1Q ARR above the high end of guidance range. Great start to FY and points to continued strength in cloud business and strategy. a. 3. Signed five more InsuranceSuite Cloud deals on top of 17 last qtr. and saw another six successful cloud customer deployments. As Co. closes more deals and demonstrates more go-lives, it will see increasing confidence in demand from customer base. a. b. With a growing number of commitments and successful deployments, more insurers will decide that the time to move to cloud is now. 4. Interest in GWRE and overall insurtech market was on full display at recent Connections Customer Conference, which was held as a hybrid event in Las Vegas last month. Co. had over 1,300 people in physical attendance. a. b. Saw a broad participation...

  
Report Type:

Brief

Source:
Thomson StreetEvents
Company:
Guidewire Software Inc
Ticker
GWRE.N
Time
10:00pm GMT
Format:
PDF Adobe Acrobat
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The following is excerpted from the question-and-answer section of the transcript.

(Questions from industry analysts are provided in full, but answers are omitted - download the transcript to see the full question-and-answer session)

Question: Jackson Edmund Ader - JPMorgan Chase & Co, Research Division - Analyst : I guess the first one is maybe on the expenses, Jeff. So I guess can we just dig into it a little bit more? I would have thought that better build for ARR and more cloud deals would have ultimately helped the operating expense -- or I'm sorry, the operating income line. So just curious what happened there. And then also on the ARR build, is any kind of strength in the first or second quarter coming from pulling forward the third and fourth quarter pipeline?

Question: Jackson Edmund Ader - JPMorgan Chase & Co, Research Division - Analyst : Okay. Great. And then a quick follow-up, you mentioned employee attrition, which reminds me, so Frank, your Chief Sales Officer departure I guess early last month, any update on that search? And yes, just any additional color you can give on Frank's departure would be great. REFINITIV STREETEVENTS | www.refinitiv.com | Contact Us consent of Refinitiv. 'Refinitiv' and the Refinitiv logo are registered trademarks of Refinitiv and its affiliated companies. DECEMBER 02, 2021 / 10:00PM, GWRE.N - Q1 2022 Guidewire Software Inc Earnings Call

Question: Jackson Edmund Ader - JPMorgan Chase & Co, Research Division - Analyst : Okay, all right.

Table Of Contents

Guidewire Software Inc Q3 2022 Earnings Call Summary – 2022-06-07 – US$ 54.00 – Edited Brief of GWRE.N earnings conference call or presentation 7-Jun-22 9:00pm GMT

Guidewire Software Inc Q2 2022 Earnings Call Summary – 2022-03-08 – US$ 54.00 – Edited Brief of GWRE.N earnings conference call or presentation 8-Mar-22 10:00pm GMT

Guidewire Software Inc Q2 2022 Earnings Call Transcript – 2022-03-08 – US$ 54.00 – Edited Transcript of GWRE.N earnings conference call or presentation 8-Mar-22 10:00pm GMT

Guidewire Software Inc at Needham Growth Conference (Virtual) Transcript – 2022-01-13 – US$ 54.00 – Edited Transcript of GWRE.N presentation 13-Jan-22 5:30pm GMT

Guidewire Software Inc Q1 2022 Earnings Call Transcript – 2021-12-02 – US$ 54.00 – Edited Transcript of GWRE.N earnings conference call or presentation 2-Dec-21 10:00pm GMT

Guidewire Software Inc Analyst and Investor Day (Virtual) Transcript – 2021-09-30 – US$ 54.00 – Edited Transcript of GWRE.N corporate analyst meeting</ 30-Sep-21 7:30pm GMT

Guidewire Software Inc at Citi Global Technology Virtual Conference Transcript – 2021-09-13 – US$ 54.00 – Edited Transcript of GWRE.N presentation 13-Sep-21 7:30pm GMT

Guidewire Software Inc at DA Davidson Software and Internet Conference (Virtual) Transcript – 2021-09-09 – US$ 54.00 – Edited Transcript of GWRE.N presentation 9-Sep-21 3:30pm GMT

Guidewire Software Inc Q4 2021 Earnings Call Summary – 2021-09-02 – US$ 54.00 – Edited Brief of GWRE.N earnings conference call or presentation 2-Sep-21 9:00pm GMT

Guidewire Software Inc Q4 2021 Earnings Call Transcript – 2021-09-02 – US$ 54.00 – Edited Transcript of GWRE.N earnings conference call or presentation 2-Sep-21 9:00pm GMT

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Cite this Report

  
MLA:
Thomson StreetEvents. "Guidewire Software Inc Q1 2022 Earnings Call Summary" Dec 02, 2021. Alacra Store. May 16, 2025. <http://www.alacrastore.com/thomson-streetevents-transcripts/Q1-2022-Guidewire-Software-Inc-Earnings-Call-B15051983>
  
APA:
Thomson StreetEvents. (2021). Guidewire Software Inc Q1 2022 Earnings Call Summary Dec 02, 2021. New York, NY: Alacra Store. Retrieved May 16, 2025 from <http://www.alacrastore.com/thomson-streetevents-transcripts/Q1-2022-Guidewire-Software-Inc-Earnings-Call-B15051983>
  
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